Skip to main content

Posts

Showing posts from February, 2009

Featured Post

Market Daily Report: Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

 KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.

Are you buying in equities??

Today top story in yahoo finance..... source World market falls as Japan's recession deepens LONDON (AP) -- World markets fell Monday, after new figures showed Japan's economy contracted at its quickest pace in 35 years and a weekend summit of Group of Seven finance ministers provided few concrete proposals to counter the economic crisis. In European afternoon trading, Britain's FTSE 100 fell 0.6 percent to 4,165.31, Germany's DAX sank 0.3 percent to 4,400.23, and France's CAC 40 dropped 0.5 percent to 2,982.16. Trading was subdued as U.S. markets will remain closed for Presidents Day. Japan's worse-than-expected fourth quarter GDP numbers were a sobering reminder of the toll the worst economic downturn in decades is having on Asia's export-driven economies. The world's second-biggest economy shrank 3.3 percent from the previous quarter, or at an annual pace of 12.7 percent. In Europe, financial stocks dragged down markets. In London, shares in Lloyds B...

Automobile Insurance & Auto Maintenance Cost Planning

I plan to write out a bit on the automobile or usually called car maintenance cost planning. This has come into my mind as recently I need to renew my car's road tax, which means that I need to purchase insurance for automobile as well. Well, I believe this is not something new, especially to car owners. But how many of us really know how much to insure our car or how to get the insurance for automobile quote? Most of us will take the easy way out to let our sales agent or friends to settle everything for us. I am one of the as well. Although my sister sort of like settle everything for me, but I, myself also go through the process as well. First, I need to get the auto insurance quote from her colleague based on my car's value in the market. One thing I realize is that the bankers have different valuation system, thus the auto insurance quote that I have is beyond my expectation. I did calculate the auto insurance using auto insurance calculator on some websites but based on ...